8-KOther Events

AUTOMATIC DATA PROCESSING INC 8-K Report, Corporate Update (Sep 26, 2006)

Filed September 26, 2006For Securities:ADP

Summary

This 8-K filing by Automatic Data Processing, Inc. (ADP) on September 26, 2006, primarily serves as a notification of the filing of its Annual Report on Form 10-K for the fiscal year ended June 30, 2006. The key information for investors is the submission of this annual report, which provides comprehensive financial data. Notably, this filing also includes an exhibit formatted in XBRL (eXtensible Business Reporting Language) containing extracts from the 10-K, such as Statements of Consolidated Earnings, Consolidated Balance Sheets, and Statements of Consolidated Cash Flows. ADP explicitly advises investors that the XBRL data is unaudited and should not be relied upon for investment decisions, emphasizing that the official filed version of the 10-K should be consulted. The primary purpose of this 8-K appears to be the inclusion of the XBRL-formatted data for testing purposes, rather than reporting new material events. Investors should therefore focus on the actual 10-K filing, which contains the audited financial results for fiscal year 2006. The company is taking steps to embrace new reporting technologies while ensuring clarity and caution regarding the reliance on preliminary or experimental data formats.

Key Highlights

  • 1ADP filed an 8-K on September 26, 2006, to accompany its Form 10-K for the fiscal year ended June 30, 2006.
  • 2The filing includes Exhibit 100, which contains financial information from the 10-K formatted in XBRL.
  • 3Key financial statements included in the XBRL exhibit are Statements of Consolidated Earnings, Consolidated Balance Sheets, and Statements of Consolidated Cash Flows.
  • 4ADP explicitly states that the XBRL formatted financial information is unaudited.
  • 5Investors are cautioned not to rely on the XBRL data for investment decisions and should instead refer to the official 10-K filing.
  • 6The submission of XBRL data is for testing purposes related to the technology and format.
  • 7This filing does not introduce new material events beyond the reporting of the fiscal year-end financial results and XBRL testing.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide Exhibit 100, which contains financial information from ADP's Annual Report on Form 10-K for the fiscal year ended June 30, 2006, formatted in XBRL for testing purposes. It also officially announces the filing of the 10-K itself.

No, investors are strongly advised not to rely on the XBRL formatted financial information presented in this 8-K. ADP explicitly states that this data is unaudited and is for testing the XBRL format and technology. Investors should refer to the official filed version of the Form 10-K for reliable financial data.

The XBRL exhibit includes the Statements of Consolidated Earnings for the three years ended June 30, 2006, the Consolidated Balance Sheets as of June 30, 2006, and June 30, 2005, and the Statements of Consolidated Stockholders' Equity and Consolidated Cash Flows for the three years ended June 30, 2006.

This 8-K filing does not contain new financial results or business updates beyond what is presented in the accompanying Form 10-K for the fiscal year ended June 30, 2006. Its primary focus is on the inclusion of XBRL-formatted data for testing and to provide notification of the 10-K filing.